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WAM Global Ltd. ( (AU:WGB) ) has issued an announcement.
WAM Global Ltd. has announced a change in the indirect holding of shares by Geoff Wilson, the Chief Investment Officer of WAM Strategic Value. The change arises from WAM Strategic Value receiving WAM Global shares as scrip consideration for Templeton Global Growth Fund shares. An independent board committee of WAM Strategic Value will now make decisions regarding these shares, and they will be excluded from the WAM Strategic Value investment portfolio managed by Wilson Asset Management (International) Pty Limited. This change signifies a shift in the management and oversight of these shares, potentially impacting the company’s operational dynamics and stakeholder interests.
More about WAM Global Ltd.
WAM Global Ltd. operates in the financial services industry, focusing on investment management. The company provides asset management services and is known for its strategic investment decisions in global markets.
Average Trading Volume: 229,891
Technical Sentiment Signal: Buy
For a thorough assessment of WGB stock, go to TipRanks’ Stock Analysis page.